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More than ever, customers are looking toward faster payments, at least, this is what was discovered by a survey conducted by the Federal Reserve Banks.… Read More »Consumers Anxious About Fraud, But Faster Payments Are Appealing
Fraudsters are really cashing in on their illegal exploits. So much that Arkose Labs, a global leader in fraud deterrence and fraud security, has revealed… Read More »Fraudsters Raking It In, Earning Far More Than CEOs
Analysts are already predicting that early 2022 will be the season for chargebacks. Sift’s newest report, “Q4 2021 DIgital Trust & Safety Index: Navigating The… Read More »Merchants Must Be Wary of Friendly Fraud Too
According to Digital Commerce 360, consumers spent $791.70 billion online with U.S. merchants back in 2020. This was a staggering increase of 32.4% based on… Read More »Up to 13% of Global Online Transactions Could be Fraudulent
The Fraud Economy continues to experience growth as fraudsters did not slow operations during the pandemic. Always on the prowl, seeking vulnerability and weak links… Read More »Fraudsters Are Using This Tactic To Attack Your Business
The European Banking Authority or (EBA) has had its email servers jeopardized in what is believed to be a “global Microsoft Exchange cyber-attack.” The EU… Read More »European Banking Authority (EBA) Slammed By Cyber-Attack
Authorised Push Payment (APP) Scams occur when an individual or a business is deceived into sending money directly to a fraudster impersonating a legitimate payee.… Read More »U.K. Regulator Addresses Banks Not Reimbursing Fraud Victims
To say that the year 2020 was full of turmoil, both at a health and economic level is putting it mildly. With a surge of… Read More »Europe Leads In The Most CNP Fraud Attacks in 2020
Since the emergence of e-Commerce back in the 1990s, digital fraud has been a formidable foe for businesses. Unfortunately, this trend has not shifted, but… Read More »As Merchant Transactions Go Online, Fraud Risk On The Rise
When it comes to choosing the best and most effective fraud solution for your business, you must determine your unique business needs first before you… Read More »Flaws With Fraud “Proof of Concept” And A Likely Remedy